HM Revenue and Customs (HMRC) is warning the public about a high-profile phone scam that is conning vulnerable and elderly people out of thousands of pounds. The scammers are preying on victims by cold calling them and impersonating an HMRC representative. The caller informs them that they owe large amounts of tax which they can […]

The US Senate Finance Committee introduced its version of a tax plan on November 9, 2017 in the continued efforts of US tax reform. Although similar to the House bill introduced on November 2, 2017, there are enough differences to ensure a significant battle over the next few weeks. The highlights of the House bill […]

As a result of an intergovernmental agreement signed in London on October 10 by Chief Minister Allan Bell and HM Treasury Exchequer Secretary David Gauke, the Isle of Man became the first British dependent territory to sign an agreement with the United Kingdom extending the automatic disclosure of tax information. The agreement is based on […]